While in some ways this makes it more difficult to be a style muse in other ways it is a huge sigh of relief. It is a welcome realization in my life to understand that I do not need to have so much (clothes or anything else) especially when others have so little. And before anyone thinks I've gone completely George Bailey - my stripes haven't changed all that much. I still believe in fashion and in representing yourself and your spirit through personal style.
But, as a culture, we will embrace a new way of living, at least this is my hope. It is the old adage of quality over quantity. Personally, my goal is to think French in 2009 -- meaning invest in a few necessary items now that are durable, classic and even luxurious and wear them with the quiet grace that is befitting of this period: a winter of stoic sensibility.
So while it may seem counter intuitive, now is in fact a time to buy. As a recent article by David Coleman in the NYT pointed out, luxury [read: quality] has never been so affordable. Now for people like me, that does not mean just because Manolo Blahnik's are marked down to $175 that you need to buy them - What it does mean is that you think about your needs and purchase wisely, sometimes for as much as 50% off - Saks in particular is having some great deals at the moment.
Look inside your closet - what is worn out? what is lacking? and make a list and buy only from that list. For example, The Muse is looking for a winter dress coat that will last an innumerable number of seasons and possibly a some black cashmere to add to the chest. But will not, repeat will not, succumb, no matter how inexpensive, to buying any sequins.
I'm brewing my version of fashion must-haves and will update soon!